Top Stories
Same event, multiple sources, transparently cited.
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Circle says Hong Kong is a key hub for USDC cross-border payments
Circle said stablecoin payments into Hong Kong are rising on its network, mainly through USDC, as it seeks approval in the city.
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China micro drama industry speeds up production with AI, Vigloo says
China’s micro drama industry is using AI and state funding to cut production time, with South Korea’s Vigloo saying it has slashed costs and schedules.
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Beijing enforces ban on drone sales and mandates device registration starting May 1
Beijing stopped drone sales and shipments on May 1 and requires identity registration for all drones in the city.
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Steve Sun says Hong Kong's tech hub progress is significant
Dalton Venture's Steve Sun said Hong Kong has made significant progress in its bid to become a technology hub.
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China's electronics suppliers shift from phones to humanoid robots
China's smartphone supply chain is moving into humanoid robots as handset shipments slow and suppliers seek new growth.
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China’s telecom and computer services exports surpass traditional goods in 2025
China’s exports of telecom, computer, and information services rose 13% to US$118 billion in 2025, outpacing footwear and handbag shipments.
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China's Sinopec shares rise as crude surge lifts oil sector earnings
Sinopec shares climbed as Brent crude prices surged, boosting first-quarter profits and lifting CNOOC and PetroChina stocks
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Hong Kong home prices hit 28-month high in March despite war worries
Hong Kong residential property prices rose 1.4% in March to a 28-month high as rents also hit a record, Colliers said.
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WuXi AppTec posts record Q1 profit, shares jump in Hong Kong and Shanghai
WuXi AppTec reported record first-quarter earnings as revenue and profit rose sharply, sending its shares higher in Hong Kong and Shanghai.
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DeepSeek founder Liang Wenfeng remains out of public view as Chen Deli emerges as spokesperson
DeepSeek founder Liang Wenfeng has stayed out of sight since February 2025 while researcher Chen Deli gains public profile amid company growth.
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Inovance files for Hong Kong IPO to raise up to $2 billion
Inovance filed for a Hong Kong IPO to raise up to US$2 billion as it pushes its internationalisation plan.
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Meta-Manus deal advances despite Beijing review, experts say unwind would be hard
Meta integrated Manus staff in Singapore even after Beijing opened a review days after the deal was announced.
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Zhao Zhijun sells Hong Kong Peak Road homes for HK$320 million
Property tycoon Zhao Zhijun sold two adjoining Hong Kong luxury units for HK$320 million, or US$40.8 million, on April 10.
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Endowus highlights diversification and discipline amid Hong Kong market uncertainty
Endowus leaders urged retail investors in Hong Kong to focus on diversification and discipline amid fast-changing market sentiment and global tensions.
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China Resources Power wins Shenzhen approval to list renewable energy unit
China Resources Power secured approval to spin off its renewable energy unit for a Shenzhen A-share listing.
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HKEX posts record HK$5.19 billion quarterly profit on strong listings and turnover
Hong Kong Exchanges and Clearing reported a 27% rise in quarterly net profit to HK$5.19 billion, beating estimates and hitting a new record high.
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China EV makers show faster-charging batteries at Beijing Auto Show
Battery makers and EV manufacturers showed off faster-charging technologies at the Beijing Auto Show as a race led by BYD and CATL intensified.
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Hong Kong, mainland regulators discuss cross-border financial links
Hong Kong and mainland China officials met to discuss deeper cross-border financial connect schemes.
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Ikea to open first small-format store in Beijing's Tongzhou district
Ikea will open its first small-format store in Beijing's Tongzhou district on May 6.
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China appoints Liu Haoling as deputy head of securities regulator
Liu Haoling was named vice-chairman of the China Securities Regulatory Commission by the State Council on May 5.
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Hong Kong Airport Authority issues record HK$19 billion bond with strong demand
Hong Kong Airport Authority issued a record HK$19 billion bond offering with a 2.9 times subscription rate on Tuesday.
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Hong Kong High Peak penthouse sells for US$54 million to mainland buyer
A High Peak penthouse in Hong Kong sold for US$54 million to a mainland Chinese buyer on April 8, setting a project price record.
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China's BYD raises price of DiPilot 300 driver-assistance system by 21%
BYD announced a 21% price increase on its DiPilot 300 assisted-driving system from 9,900 to 12,000 yuan starting Friday.
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Victory Giant Technology posts 28% revenue rise in Q1 2026 on AI hardware demand
Victory Giant Technology reported a 27.99% rise in Q1 2026 revenue to RMB 5.519 billion amid strong AI computing demand.